REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,787 (target)

203 Royal Ave, Albemarle, NC 28001

3 beds • 2 baths • 1741 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.09% first-year return on $89,421 initial cash invested.

-3.09%

Cash On Cash

5.56%

Cap Rate

0.93

DSCR

$2,787

Rent

-$230

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,787 income − $3,017 expenses = $230 out of pocket

Income$2,787Out of Pocket$230Mortgage P&I$1,69661%Property Taxes$2529%Insurance$1224%Management$33412%CapEx$1114%Vacancy$843%Maintenance$1114%Other$30711%

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,421

Downpayment

20%

$68,020

Closing costs

1%

$3,401

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,787

Total Expenses

$3,017

Mortgage P&I

61%

$1,696

Property Taxes

9%

$252

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$334

CapEx

4%

$111

Vacancy

3%

$84

Maintenance

4%

$111

Other

11%

$307

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis